Jeld-Wen Holding, Inc. Shareholder Investigation: Class Action Lawsuit Filed

BOSTON, MA / ACCESSWIRE / March 5, 2020 / Thornton Law Firm LLP announces that it is investigating a lawsuit filed against Jeld-Wen Holding, Inc. on behalf of Jeld-Wen shareholders (NYSE ticker:JELD). JELD investors who have purchased at least 40,000 shares of JELD stock between January 26, 2017 and October 15, 2018, that are interested to learn more about the case and the lead plaintiff process, are encouraged to visit https://www.tenlaw.com/cases/jeld-wen-holding-inc-nyse-jeld. Shareholders may also contact the Thornton Law Firm at shareholder@tenlaw.com, or call 617-531-3917. Interested JELD shareholders have until April 20, 2020 to apply to be lead plaintiff. The lawsuit alleges violations of the federal securities laws, and the class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. There is no minimum number of shares required to be a class member.

FOR MORE INFORMATION: https://www.tenlaw.com/cases/jeld-wen-holding-inc-nyse-jeld

Jeld-Wen Holding, Inc. is one of the largest door and window manufacturers in the world. The Complaint alleges that throughout the Class Period, Jeld-Wen stated that its products, including doors, compete against those of other manufacturers based on price, and described the market in which the Company sells its doors as "highly competitive." According to the Complaint, the Company also repeatedly attributed its strong margins and anticipated margin growth to legitimate business factors, such as "strategic pricing decisions" and an increased emphasis on "pricing optimization." The Complaint alleges that these and similar statements made by Defendants during the Class Period were false and misleading because Defendants knew that Jeld-Wen was engaged in a price-fixing conspiracy and that as a result of Defendants' misrepresentations, shares of Jeld-Wen's common stock traded at artificially inflated prices throughout the Class Period. It is alleged that when the market learned the truth about Jeld-Wen, investors suffered damages.

If you have purchased at least 40,000 shares of JELD stock (NYSE:JELD), please contact the Thornton Law Firm's shareholder rights team at shareholder@tenlaw.com, or call 617-531-3917 to discuss the lead plaintiff process.

FOR MORE INFORMATION: https://www.tenlaw.com/cases/jeld-wen-holding-inc-nyse-jeld

Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Guillaume O. Buell
Thornton Law Firm LLP
1 Lincoln Street, 13th Floor
State Street Financial Center
Boston, Massachusetts 02111
Email: gbuell@tenlaw.com
Tel: 617-531-3917

SOURCE: Thornton Law Firm LLP

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